$150B farm succession challenge looms for NZ agriculture
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Rabobank's regional manager for Australia and New Zealand, Mark Wiessing, is joining the bank's NZ board.
He replaces Lara Yocarini, who is stepping down after more than three years on the Rabobank New Zealand board.
Subject to regulatory approval, Yocarini has taken up a new role as chief executive officer of Rabobank's global asset finance subsidiary De Lage Landen (DLL). She will also be a member of Rabobank's managing board. Wiessing had more than 30 years' international experience in the financial sector, including postings in South America, Africa, Asia and Eastern Europe.
He joined Rabobank in 2006 and was regional manager South America and chief executive officer for Brazil for eight years prior to his appointment as regional manager for Rabobank Australia and New Zealand in May 2023.
Before joining Rabobank, Wiessing held roles with other leading financial institutions, including Standard Bank of South Africa, Citibank and ING.
Academic Dr Mike Joy and his employer, Victoria University of Wellington have apologised for his comments suggesting that dairy industry CEOs should be hanged for contributing towards nitrate poisoning of waterways.
Environment Southland's catchment improvement funding is once again available for innovative landowners in need of a boost to get their project going.
The team meeting at the Culverden Hotel was relaxed and open, despite being in the middle of calving when stress levels are at peak levels, especially in bitterly cold and wet conditions like today.
A comment by outspoken academic Dr Mike Joy suggesting that dairy industry leaders should be hanged for nitrate contamination of drinking/groundwater has enraged farmers.
OPINION: The phasing out of copper network from communications is understandable.
Driven by a lifelong passion for animals, Amy Toughey's journey from juggling three jobs with full-time study to working on cutting-edge dairy research trials shows what happens when hard work meets opportunity - and she's only just getting started.